Bravo Vancouver Concert Series

Analysis

Bravo Vancouver Concert Series is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in December 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Bravo Vancouver Concert Series reported income of $320k and spending of $291k, spending 91% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $200k to $320k (+60%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 1048%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bravo Vancouver Concert Series sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Wings of the North Inc ($319k), One America Works Inc ($320k) and Steinway Society the Bay Area ($319k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 84% of the total. At year end it held assets of $47k against liabilities of $75k, net assets of -$28k.